As per HexGn, here are some of the top Malta startup for 2019 that stole the limelight in 2018 with their funding rounds. Malta’s startup ecosystem is young and a fast-growing one among the top startup ecosystems globally. The archipelago also featured in Startup Genome?s Global Startup Ecosystem Report 2018 which has helped the city get more attention for its potential as a startup hub.
Top Malta Startups to Watch out for in 2019
Incorporated in 2014, Malta based startup Hero Gaming is an online gambling igaming brand that is emerging as a key player in the Maltese startup ecosystem. The company was founded by Georg Westin and has introduced online gamblers to more game features which were traditionally only found in the non-gambling games. This gaming startup has given the industry popular online games like Casino Heroes, Speedy Bet, Betser, Casitabi, and Speedy Casino. Hero Gaming is one of the top Malta startups for 2019 led by gaming industry veterans and debuted its games in the Japanese and Scandinavian markets. The company raised SEK 50 million in venture capital from Johan Styren, a gaming and business veteran.
FRVR is an HTML5 game developer that was set up in 2014 by Brian Meidall and Chris Benjaminsen. This top startup in Malta was founded by Brian Meidall and Chris Bejaminsen and currently holds $3 million as total funding received till date. Accel invested this amount into the London based startup in July 2018 along with three more investors – Makes Fund, Paul Heydon, and? David Helgason. The company has more than thirty exciting and engaging games to its credit so far, which are compatible on all platforms. FRVR plans to set shop in new markets especially in the Asian ones and expand their team at offices in multiple locations with the help of the fresh funds received.
Increasing the awareness about cryptocurrency in Nigeria is Quidax, a top startup in Malta. The company has been making the news lately for not just its novel attempt to bring cryptocurrency to Nigeria but also for its recent financial activities.? The Malta based startup was founded by Buchi Okoro in 2017 and is enabling potential Nigerian cryptocurrency investors to be a part of the digital assets exchange with the help of the local currency. The company has participated in one round of funding since its inception and has raised $500,000 in it from Kora Network and Genesis Node Capital. Quidax is one of the top Malta startups for 2019 that is playing a small role in making wealth creation accessible with the help of a strong capital market infrastructure.
Malta-based startup Puurl is an innovative tech startup that allows online gamers to play games for winning a physical product that they are looking at on ecommerce websites. The bet-to-win products are helping attract more footfall to online gambling and gaming sites.? Puurl is one of the top Malta startups for 2019 and the first startup to offer such a solution. The company is the brainchild of Josue Savoy who established it in 2014; the idea offers a win-win situation for the users as well as the operators. Puurl completed its first round of funding in May 2017 raising ?100,000 in seed money from it.
Gaming startups seem to rule the roost this year by bringing in most of the funding to the economy. The number of startups getting funded each year is steadily on the rise as Malta is continually being moulded to become a more business-friendly city.
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